Book Keeping and Accounts

Bookkeeping is the most essential task of any business. Without proper bookkeeping, a business could easily crash without notice. Business owners whether small or big invest in bookkeeping services that will save them not just precious time, but also the risk of making very costly financial mistakes.

Bookkeeping involves the process of recording all financial transactions and events that occur in a business i.e. purchases, sales, earnings, receipts and payments; this recording is relevant so that all money that flows in and out of your business is accounted for.

It is the duty of a bookkeeping system to organize and track receipts and payments; and to record all the data chronologically into designated books or computer bookkeeping software. Our Accounts Department has a dedicated team that will handle all your businesses bookkeeping requirements. We also have state of the art IT hardware and an ERP (Enterprise Resource Planner) system that is engineered to cater to the unique requirements of all businesses

Reasons to use our bookkeeping services;1. Better financial analysis and management
Cash flow management is one of the most important things to focus on. Regardless of how busy a business is, once invoices are delayed, and no follow- ups are made on customer payments; and the falling out of suppliers’ will eventually lead to a crash. Bookkeeping can systematize it up from up to date follow-ups, invoicing on time payments for suppliers.

2. Fulfillment of tax obligation
Bookkeeping is necessary to keep track of any information and documents that are essential in carrying out taxes returns as well as payments. There is no need to do last minute rush to find bills or to try remembering expenses when tax time comes. Using our bookkeeping services, tax returns are done in good time; this will avoid penalties associated with lateness.

3. Reporting to investor is easy
The process of reporting to investors on status of a business is crucial for them to be able to track if their investment interests are being met. Our bookkeeping system is computer based which makes the production of reports not only easy but also fast and efficient.

4. Makes business planning easier
We produce easy to understand balance sheets and income statements, which are used to analyze whether a business is on the right track financially. Using the financial statements business planning becomes so much easy.

5. Proper record keeping as required by law
Our bookkeeping system stores and organizes all business transaction information in a reliable and secure form, that can be retrieved in future, especially in times of auditing, when such information should be made available.

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Meru Central Coffee Union

Welcome to Meru Central Coffee Union website. We are dedicated to ensuring that coffee farmers produce high quality coffee through the promotion of the best production practices that are sustainable.